Snowe/Kerry start an investigation on abuses on 9/11 federal loans.

[Mass]

Seems our junior senator was busy this week.

http://news.yahoo.com/s/ap/20050909/ap_on_go_co/sept11_lax_loans

WASHINGTON - Congress will investigate the "flagrant abuse" of a federal loan program designed to help businesses recover from the Sept. 11 attacks and make sure such problem don't occur with Hurricane Katrina relief, a key Senate Republican announced Friday.

Sen. Olympia Snowe (news, bio, voting record), R-Maine, chairwoman of the Senate Small Business and Entrepreneurship Committee, announced the investigation in response to an Associated Press story Thursday that showed the federal program was so loosely managed that it gave low-interest loans to companies that didn't need terrorism relief
...
Sen.
John Kerry of Massachusetts, the committee's top Democrat, joined in the call for an investigation.

"This was a deliberate attempt to cover up White House budget gimmicks that left the SBA's largest loan program underfunded and on the brink of shutting down," Kerry said. "The administration asked SBA employees to bend the rules and steer regular loans through the program aimed at helping businesses impacted by 9/11."

ON EDIT: link corrected

[blm]

1. Snagging for GD.

His detractors there can eat ..it for all I care.

[Mass]

2. I posted the correct link on GD

Also posted on GDP,

[blm]

5. Grazie....I'm so glad you posted this. Some of them just really don't GET

that above all else, Kerry believes in good governance.

[ginnyinWI]

3. I guess I'll mosey on over and recommend!

:)

[whometense]

4. I added this to the Kos diary

I started for kerrygoddess. Hope that's ok.

Link here: http://www.dailykos.com/story/2005/9/9/18117/21412#1

Let the flames commence.

[Mass]

6. blm diary on GD needs one more recommend to be on the main page.

OK - done now.

[TayTay]

7. Oh, go 'em honey, go forth and conquer

I got your back at home. I swear to gawd, I want you to just go get those phony bastards and nail their asses to the fucking wall.

Go forth and conquer, Sen. Sweetheart sir, just go do it. Holy Mathah a Gawd, jest take a tire iron to those horses arses and beat them over the head with it. I swear I will tell the media, 'I didn't see nothin Officah, nuttin'."

This disaster had driven e out of my mind. I'm sorry.